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Master of Science in Management Science and Analytics (STEM)

Illinois Institute of Technology - Mies Campus

USA,Illinois

0 Shortlist

24 Months

Duration

CAD 32,040/year

Tuition Fee

CAD 100 FREE

Application Fee

Aug 2025

Apply Date

USA, Illinois

Type: University

Location Type: Urban

Founded: 1890

Total Students: 8,565 +

Campus Detail

Main Campus Address

10 W 35th St, Chicago, IL 60616, United States

Overview
Key Facts
Fees & Funding
Admission Requirements
Additional Info
Scholarships
Student Visa
Work Permit

Master of Science in Management Science and Analytics (STEM)

Program Overview

The Master of Science in Management Science and Analytics is a rigorous program that prepares students to successfully analyze and solve complex business problems.

The program’s emphasis on quantitative methods, analytical tools, and computer models, with a choice of specializations in either quantitative finance or analytics, helps students master a data-intensive approach to management science attuned to the demands of the industry.

Through Illinois Tech’s one-of-a-kind Elevate program, you are guaranteed access to hands-on experiences throughout your graduate years, such as virtual and in-person internships, research projects, and more. You’ll also receive personalized mentorship to guide your academic studies and career planning.

Chicago is a global financial center and home to a diverse range of industries, including a growing tech business sector. Stuart School of Business leverages its downtown location to offer students access to opportunities for internships, networking, and career-focused events with employers.

The result is career readiness that employers are seeking. Our management science and analytics graduates are ready to step into positions in business, finance, and management where they can use their knowledge and skills to create strategic, impactful solutions to pressing business challenges.

Program Overview

The M.S. in Management Science and Analytics program, ranked #16 in the United States by TFE Times, teaches students to effectively use quantitative methods, analytical tools, and computer models to devise innovative solutions to complex problems in business, finance, and management.

Detailed Program Facts

Program Level

Master's Degree

Application Processing Days

28 Days

Program Intensity

Full-Time

Duration of Program

24 Months

Backlogs Allowed

Program Intakes

Intake Month/Year		Intake Status
jan 2025		Closed
aug 2024		Closed
aug 2025		Open

Application Fee

Application Fee: CAD 100 FREE

Tuition Fee

CAD 32,040 per year

*Note: The fee is approximate and is subject to change

Living Cost in Illinois Institute of Technology - Mies Campus

CAD 12,000 per year

*Note: The fee is approximate and is subject to change

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Check program website for more information about funding options.

English Test Requirements

IELTS
- Minimum Overall Score - 6.5
TOEFL
- Minimum Overall Score - 80
DUOLINGO
- Minimum Overall Score - 115.0

Minimum Level of Education Required: To be accepted into this program, applicants must have a Bachelor's degree.

Minimum CGPA Required: 70.00 %

Additional Information

Career Opportunities

In the Master of Science in Management Science and Analytics program, students develop the skills and knowledge they need to be successful in mid-level careers as business analysts, consultants, and analytics and data managers and directors. Recent graduates have been hired by companies such as:

Bank of America
BMO Harris Bank
Clorox Company
Discover Financial Services
Envestnet Asset Management
Goldman Sachs
Kellogg Company
POSCO America Corporation
Teladoc Health

Scholarships

Illinois Tech has several of its own competitive scholarship programs that are open to both undergraduate and graduate students. All domestic undergraduate first-year and transfer students are automatically considered for scholarships that cover a generous portion of expenses such as tuition. Graduate students in select degree programs also may be considered for additional special scholarships, beyond any fellowships that they may receive.

Work Permit

PGWP

Optional Practical Training or OPT is a period during which students, who have completed their degrees in the USA, are permitted to work for one year on a student visa by the United States Citizenship and Immigration Services (USCIS). OPT allows students to work for up to 3 years and develop real-world skills to survive in the competitive jobs market.

It is temporary employment for a period of 12-months that is directly related to the major area of study of an F-1 student. Eligible students have the option to apply for OPT employment authorization before completing their academic studies and/or after completing their academic studies.

A student can participate in three types of Optional Practical Training (OPT):

Pre-Completion OPT: This is temporary employment provided to F-1 students before completion of their course of study.
Post-Completion OPT: This is temporary employment available to F-1 students after completing their course of study.
24 Month STEM Extension: Students enrolled in STEM (Science, Technology, Engineering, and Mathematics) courses can a 24-month extension after their initial Post-Completion OPT authorization.

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